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20130103
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you so much. the president is weighing in on this. the superstorm sandy relief bill controversy. he said when tragedy strikes, americans come together it to sppt those in need. i urge republicans in the house of representatives to do the same, bring this important request to a vote today and pass it without delay for our fellow americans. >>> international markets reacting positively to the fiscal cliff deal, both asian and european markets made gains today. we'll bring in richard quest from london to talk about the boost we see in international markets. richard, you and i have talked about the fear and chaos. now it seems like we're over this, and there's some good news here, yes? >> yeah. i'm just looking at the numbers at the moment. the dow up 1.6%. in europe we see the footsie closed at 2.2 and you're seeing a strong rally on european and u.s. markets. on the back of this. i would say this is classic relief. it is no more or less. they are breathing a sigh of relief that the worst excesses of the cliff were not realized, but you knew there was one coming, but, of course, nobody
was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday shopping season. 4.1% growth over last year, $586 billion season, but others say, no, nrf is off, and, in fact, shopper trek on monday revised from 3.3% to 2.5% growth. expect to see big sales, especially when you consider, nrf says, i think, that retailers make anywhere from 20% to 40% of revenue in the holiday shopping season, could be bad news for a lot of people. ashley: could indeed. adam, thank you very much. >> yep. ashley: there's a holiday hangover today, no doubt about, that but they have to help customers know when a sale is a sale. scott, bbc capital markets retail analyst joining me in a fox business exclusive. scott, what do you mean? people are told when a sale
officials that hit the ground when superstorm sandy hit explained that if you didn't get money into the hands of these small businesses almost immediately, then most likely they would go under. if you don't start rebuilding right away, people start to become depressed and they lose hope. let's not even discuss the economic impact. so to delay this vote even for another day is something that will resonate not only with the people that have been affected and are suffering and have lost everything, but i think it will resonate with the american people for a long time, and i think it will make them wonder what we are here for and what is the role of the federal government, what is the role of the congress, and maybe most importantly, can they trust us? so it is with a heartfelt apology that i apologize to my constituents, to my fellow new yorkers in need, those in new jersey, connecticut, and pennsylvania. i did all that i could. i will not stop, i will not relent, and i will continue to push for this vote to come as quickly as possible, but there is no rhyme or reason and it is in
guilty to attempted murder. superstorm sandy slammed into the new york city area and left thousands homeless long the east coast. >> those are our homes. we lost everything. and everything is gone. >> the biggest atlantic storm in history caused billions of dollars and in damages. former penn state assistant football coach jerry sandusky was sentenced to 30 to 60 years in prison for sexually abusing 10 boys. the ncaa took away 13 years of penn state's victories costing the late joe paterno has title as the winningest coach in major college football. >> lance armstrong lost millions in endorsements and walked away from his live strong charity after the u.s. antidoping agency throughout the seven tour de france titles and banned him from cycling. despite overwhelming evident, armstrong maintains he did not use performance-enhancing drugs. john edwards walked after federal prosecutors failed to convince a jury the former presidential candidate misused campaign donations to hide his mistress. the last of nasa's fleet of space shuttles arrived at museums around the country. >> and launch
the costliest natural disaster in u.s. history. and number one. super storm sandy. >> this historic superstorm made landfall over the most populated areas of the united states. wind damage, power outages, storm surges, inland flooding, even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i've never seen devastation like this in my life. >> the surf here getting much more violent. >> curfew is under way right now. you are not to be on the streets. >> they're keeping an eye on the possibility of flooding. >> superstorm sandy has crippled the nation's biggest transit system. >> talking about flooding, possible power outages that could last for days. >> people just need to be self aware. >> the storm killed at least 113 people in the u.s. and caused tens of billions of dollars in damage. total repairs will take decades. chad myers, cnn. >>> next, the most intriguing people of 2012 as voted on by you. but first, remembering some of those we lost this past year. ♪ but bounty basic can handle them. in this lab demo, bounty basic is stronger than the leadi
searches in 146 languages. two top events of the year, the election and superstorm sandy, they're in the top five. some others maybe less predictable to you. and we've also got the most watched videos of the year, including the first ever video to pass the 1 billion mark. kevin alaka is the trends manager at youtube, where he tracks popular video phenomena and gets to watch a lot of youtube videos for a living. thanks for joining us. >> thanks for having me. >> some of these are a little surprising to people. first of all, with regard to google searches, those are u.s.-based searches. >> we analyzed 1 trillion searches from all over the world, and we made different lists of interesting thipgs. the ones we're going to talk about today are the ones from the united states. >> so let's talk about them. this is what you do for a living. what are some of the things that may have surprised you? >> when we're talking about searches, whitney houston was number one for us. >> we have a list of all of them. >> when you look across all of them, people is such an important thing for us. we'
for victims of superstorm sandy. new york congressman peter king joining us live to talk about that. >> we can not turn our backs on our citizens who need us. some who will not have a place to stay for a long period of time. people who have suffered. people who need food. we are americans. this is what is supposed to separate us from everyone else. i am absolutely shocked. but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated 1.2 million identities may be stolen. every time you pull out your wallet, shop online or hit the road, you give thieves a chance to ruin your holiday. by the time you're done watching this, as many as 40 more identities may be stolen. you can't be on the lookout 24/7, but lifelock can. they're relentless abou
to watch it. anna, thank you. jon: superstorm sandy caused so much devastation when it slammed into the northeast. the senate approved billions of dollars in aid to help the victims. why those affected won't be seeing any of that money anytime soon. [gunfire] >>> plus one of the deadliest attacks in weeks in syria as the violence there only gets worse. how much longer than the assad regime last? ambassador john bolton with his thoughts next. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have already
conference after the house scrapped vote on aid for superstorm sandy. let's listen in to the governor. >> nearly 600 state roads were closed. nearly 7 million new jerseyians were without power, some up to 14 days. nearly of00 state roads were closed. 127 shelters, housed and fed over 7,000 evacuated citizens. all regional mass transit and hudson river crossings were closed. all new jersey schools were closed, some for weeks. tens of thousands of businesses were damaged or destroyed with many still closed. our jersey shore was devastated with the loss of homes, public buildings, and iconic symbols of new jersey culture and economic vitality destroyed. our citizens answered 2013 unsure of their future. as they spent the holiday season displaced from all that was familiar and comforting. 31 days for andrew victims. 17 days for victims of gustav and ike. 10 days for victims much katrina, for the victims of sandy in new jersey, new york, connecticut, it has been 66 days and the wait continues. there is only one group to blame for the continued suffering of these innocent victims. the house
for their slow response from superstorm sandy and getting power turned back on for those residents who were in the dark and the cold for a couple of weeks. our plans changed a little bit last night. we decided to spend the night in clarks summit because the road conditions deteriorated and we didn't want to go farther north. the borough president told me their snow totals were down last year and they were able to stockpile some of the salt from the roadways last year and that's what they're using for this storm. council president says they're happy this first snowstorm of the season hasn't been a major blizzard for them. >> we're on a good track this year and, you know, the weather, you take what you get. and, we're going to make lemonade out of it i guess. >> reporter: and for holiday travelers trying to make it home this weather has really thrown a wrench into their plans. a jetliner in pittsburgh actually got trapped somehow in the snow on the tarmac. as far as cancellations go, there were 1600 of them yesterday. more than 500 already today. and the airports in newark, new jersey, and al
for areas hit by superstorm sandy. the bill heads to the house where the prospect for passing are no sure thing. moll y what's the holdup? the price tag. some house republicans say it's too steep and not offset by spending cuts. one south carolina republican congressman says he and others want to help the people hurt by sandy but lawmakers need to figure out where the money's going to come from. >> it's not paid for. i know that's a difficult conversation to have but it's a necessary conversation. if we can't come together and figure out a way to stop spending someplace else to pay for this, do we ever hope to balance or budget? >> the governors of new york, new jersey and connecticut are pressing for their states to get the money question. writing the question to every member of the house is if this storm devastated your incidentcy, would you say the house has done enough? we urge your support for this aid. the house is not schedule today vote on this legislation. >> the people are suffering, so what's likely to happen now, molly? >> it's always possible the sandy bill could be attached
the fiscal cliff deal just stopped. superstorm sandy destroyed 72,000 homes, but congress failed to act on the recovery bill there. the senate approved a 60 million dollar measure friday, the house did not vote on it. both republicans and democrats from the northeast especially, they're not happy with it. here is new york congressman michael grimm. >> and lost family members and now, i have to go home and tell them their new years gift they're going to wait even longer, even longer for something they should have had over a month ago. stuart: okay, fair point, but look, we've got to point out that the senate bill was loaded with pork, help for alaska's the vote was not taken on the sandy relief measure. you remember the newspaper that published the names of gun owners in new york counties? those gun owners were outraged. now, you won't believe how that newspaper is responding. that will be new at 10. and also, the top of the hour, the n.r.a. calls for armed guards in every school and now one town in new jersey, following through with its plans to put guns in schools starting today. back
will end without having a vote on superstorm sandy aid. that was something that people were looking for. >> this is absolutely indefensible. the fact is every bit of documentation that was required by the leadership of the house was provided by governor cuomo, governor christie, merritt blob, everybody played -- mayor bloomberg, everybody played by the rules except tonight. indefensible. we have a moral obligation. the people are out of their homes, the people who are cold, the people without food, the people who have lost their jobs, they don't have the time to wait. we cannot just walk away from our responsibilities. >> and the senate had passed a $60.4 billion sandy disaster aid bill last week. the current session comes to an end today after the new congress gets sworn in. legislation does not, though, carry over from session to session. so consideration of an aid bill would have to start all over again if nothing is scheduled before then. joe? >> back and forth on this was whether it's direct aid or not, in the house they said that there were things that were tagged on. things for l
. >>> the 11th congress ends today and not expected to pass the $60 billion to help victims of superstorm sandy. republican leaders took no action on the sandy relief measure last night, angering new york area lawmakers on both sides of the aisle. >> everybody played by the rules, except tonight, the rug was pulled out from under us, inexcusable and indefensible. we have a moral obligation to have this vote. >> the senate approved more than $60 billion for sandy relief. >> back to the planned story, talk about your eye in the sky, this florida pilot doing a fly-by over his house spots this burglar trying to break into, of all places, his own home and steal his trailer so the pilot tracks the suspect from the air in his cessna, lands the plane, calls police, who then find the guy, they arrest this alleged thief on the interstate some 40 miles away. >> it sounds crazy. >> it's crazy but if i say it, it's true. >> you know what? that is in fact the case. >>> it was a parade stopper and a tear jerker. an army sergeant deployed to afghanistan stepped off a parade float, surprised his wife and little
on the superstorm sandy aid bill. some republican lawmakers say ' portion of the multi-billion dollar legislation actually goes to the victims and they believe the rest is filled with pork. they say it's unrelated spending, including items like 150 million dollars in funding for alaskan fisheries, that's not slowed down the latest attacks on the g.o.p. listen. >> everybody played by the rules, except tonight when the rug was pulled out from under us, absolutely inexcusable. indefensible, we have a moral obligation to hold this vote. >> mr. speaker, we cannot turn our backs on our citizens who need us. >> i have to go home and tell them their new years gift is that they're going to wait even longer, even longer for something they should have had over a month ago. >> ithis is an absolute disgrace and the speaker should hang his head in shame for not allowing this to come up. >> megyn: shannon bream is live in washington. that was democrats and republicans bashing the republican leadership for not allowing a vote on this bill, but they say they have a good reason for not doing so. tell us more. >> t
sales to grow 3% to 4%. among the reasons cited for the weaker numbers, superstorm sandy and consumer nervousness about tax hikes due to the fiscal cliff. we've had lots of conversation about whether not fiscal cliff would impact consumer sentiment. and apparently now it's actually hitting people in the wallet. let's talk about what's on the economic agenda today. one very important report to watch, standard and poor's releasing the case schiller index on october home sales at 9:00 eastern. it's a busy week for housing data. tomorrow we're going to be getting the commerce department which releases new home sales for november. then on friday, the national association of realtors, not realtors -- >> yeah. >> releases its spending. its pending home sales index for november. >> in other housing news, the obama administration is considering expanding its mortgage refinancing program to include borrowers whose mortgages are not backed by the government and who owe more than their homes are worth. "the journal" reports one proposal being considered would also transfer potentially riskier loa
on an age package for superstorm sandy victims. new york and new jersey representatives were expecting a vote before the term ends tomorrow but republican leaders ended the session prompting outraeupbl from both>> everybode rules except tonight when the rug was played out from under us. indefensible. we have a moral obligation to hold this vote. >> mr. speaker, we cannot turn our backs on our citizens who need us. >> i have to go home and tell them their new year's gift is they're going to wait even longer -- even longer -- for something they should have had over a month ago. >> this is an absolute disgrace, and the speaker should hang his head in shame for not allowing this to come up. >>juliet: i guess the images and the stories weren't enough for these people. all you have to do is show up in one of these neighborhoods to see how important this vote was. that's just my. the senate passed a $06 billion aid package friday to help parts of new york and new jersey rebuild from the storm. >>> parents and children in newtown, connecticut, are bracing for another difficult day. the student
there has not just been due to superstorm sandy. perhaps the biggest surprise, jc penney undergoing a positive turn, even as we speak, despite jack pin neigh appearing ton a do-or-die list for 2013, "the wall street journal." a big year ahead for ceo ron johnson, leads us to craig johnson's list of disappointments, ron johnson's old employer, apple, outside the apple store in the grove yesterday in l.a., yes, you heard me, he dissed apple. well, kind of. a little. >> apple's been -- has had a tremendous success story for any number of years now, but we think in terms of traffic and what we see at the stores, things have peaked out a little bit. so, they will still have a good season, still be up strong double digits but wouldn't be the outsized growth we have seen for any number of years now. >> all right. johnson also says sacks has struggled a bit, though he says the shoe department has been fine. overall holiday growth sales blow ducks is still 2.8% but he says to meet that sales this week today, tomorrow and the weekend have to hit it out of the park, otherwise, he says close to
the fiscal cliff. it's mostly going to be about sandy relief money from the superstorm. the cliff will come up, but the source said we are not going over any potential deal because there isn't one and the senate hasn't acted yet. >> but even if they're intending to talk more about sandy relief, don't you think the fiscal cliff issue is going to kind of come up? >> of course it's going to come up, but my only point is the meeting -- that's not what the meeting is about. it's a further indication that -- from the house of representatives that they don't consider this thing ripe enough that they're going to bolt and move on it tonight. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house
Search Results 0 to 18 of about 19

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